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Sabtu, 16 Mei 2020 10:28:00

Chubb Life Hong Kong Assigned "A+" Financial Strength Rating with "Outlook Stable" from Standard & Poor's

HONG KONG, - 15 May 2020 - Chubb Life Hong Kong is pleased to announce that it has received an "A+" local currency long-term financial strength and credit rating with a "stable outlook" from Standard & Poor's (S&P), one of the leading international credit rating organizations.

The rating affirms the financial strength and stability of Chubb Life Hong Kong and its important contribution to Chubb's international life insurance operations.

Chubb Life Hong Kong has received an "A+" local currency long-term financial strength and credit rating with a "stable outlook" from Standard & Poor's (S&P).
 
Mr. Michael Ho, President of Chubb Life Hong Kong, said, "We are proud that Chubb Life Hong Kong has been accredited with the strong rating assigned by S&P, which is a testament to our financial strength and robust capital position.

Despite recent challenging market conditions, we have maintained our business presence with strong capitalization in the highly competitive insurance market in Hong Kong.

With the affirmation from S&P, we will continue to embrace growth opportunities with our admired brand, innovative product offerings, and strong distribution and management. We will also continue to receive the support of the Chubb Group in our mission to craft and deliver the very best insurance solutions to our clients in Hong Kong." (*).